Global Economic Times

2026.06.27 (Sat)
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Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions

SEOUL — The South Korean government announced a decisive reduction in the maximum price caps for petroleum products, effective from midnight on June 27. This measure, marking the seventh adjustm
Political Debates Spark Over Semiconductor "Windfall" Redistribution

As South Korea’s semiconductor industry rides the crest of an unprecedented AI-driven boom in 2026, a contentious debate has emerged within political circles regarding how to manage the resultin

Global Markets Expected to Continue AI-Driven Rally in H2 2026

The Korea Center for International Finance (KCIF) released its "Global Economic and Financial Market Outlook for the Second Half of 2026" on June 25, projecting that the global stock marke

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Anyang City to Boost Local Economy with Additional Regional Currency: KO YONG-CHUL Reporter; 2025.01.10

Government and Ruling Party Collaborate to Stabilize Prices and Boost Consumption for Lunar New Year: Hwang Sujin Reporter; 2025.01.09

Banks Ease Mortgage Restrictions, But Borrowers Face Limitations: Global Economic Times Reporter; 2025.01.08

Savings Banks and Capital Companies Face Tough Year Amidst PF Defaults: Desk; 2025.01.08

Small Businesses in South Korea Face Growing Challenges Amid Economic Uncertainty: ONLINE TEAM; 2025.01.08

Busan Launches 'Good Payment' Campaign to Revitalize Local Economy: Hwang Sujin Reporter; 2025.01.07

Soaring Vegetable Prices Ahead of Lunar New Year in South Korea: Hwang Sujin Reporter; 2025.01.05

South Korea’s National Pension Service Faces Backlash Over Foreign Exchange Hedging: HONG MOON HWA Senior Reporter; 2025.01.05

South Korea Faces Economic Storm, Government Warns: Global Economic Times Reporter; 2025.01.03

South Koreans Face Growing Anxiety Over Retirement Security: Global Economic Times Reporter; 2025.01.02

Construction Industry Drives Economic Growth in Korea: Global Economic Times Reporter; 2025.01.02

Central Bank of Libya Launches Financial Literacy Campaign to Boost "One Pay" Usage: Pedro Espinola Special Correspondent; 2025.01.01

Soaring Exchange Rates Exacerbate South Korea's Energy Crisis: Desk; 2025.01.01

Jeonbuk Province Faces Double-Digit Export Decline Amid Global Economic Slowdown: Desk; 2025.01.01

South Korea Extends Debt Relief Measures for Vulnerable Groups: Hwang Sujin Reporter; 2025.01.01

Gangnam District, Seoul, Unveils 2025 Budget Focused on Sustainable Growth: Global Economic Times Reporter; 2024.12.31

South Korea's Inflation Reaches a Four-Year Low, But Food Prices Soar: KO YONG-CHUL Reporter; 2024.12.31

Seoul Studio Apartment Rents and Deposits Dip Slightly in November: Global Economic Times Reporter; 2024.12.30

South Korea's Big Five Banks Slash Deposit Rates Amid Central Bank Easing: Desk; 2024.12.30

Soaring Dollar Deals Blow to South Korea's SMEs: Hwang Sujin Reporter; 2024.12.30